Accounting & Assurance Updates

New critical update for the filing of CM100 applications concerning insolvent voluntary liquidations. Effective immediately, all CM100 submissions, accompanied by Form CM26Liq for companies and close corporations initiating liquidation, must adhere...

The Companies and Intellectual Property Commission (CIPC) has updated its procedures for reinstatement applications (Form CoR 40.5) and related enquiries. Due to efforts to streamline operations, CIPC has achieved significant progress in...

There are substantial delays noted in the processing of re-instatement applications (Form CoR 40.5) as outlined in CIPC Notice 34, which also refers back to Notice 9 of 2024 for alternative...

The Companies Act of 2008, under Section 30(1) requires companies to prepare and approve their AFS within six months after their financial year ends. This includes auditing the AFS for public...

The Companies and Intellectual Property Commission (CIPC) has implemented new procedures for updating customer codes, affecting individual customers and companies. Here’s what accountants need to know to assist their clients with...

The Companies and Intellectual Property Commission (CIPC) emphasizes the importance of compliance with the Companies Act of 2008, particularly regarding the preparation and approval of annual financial statements (AFS). Under Section...

The Companies and Intellectual Property Commission (CIPC) has updated its system, resolving most issues related to customer verification. Customers are encouraged to log in again at https://eservices/cipc.co.za to verify their profiles....

The Companies and Intellectual Property Commission (CIPC) has implemented new procedures for updating customer codes. These changes affect both individual customers and companies. Here’s what accountants need to know to assist...

CIPC clients are reminded once again that the use of the words COMPANIES AND INTELLECTUAL PROPERTY COMMISSION, as well as the abbreviation CIPC and the logo of CIPC, is strictly prohibited....

The detailed step-by-step guides on the enhanced director amendments process are provided on the CIPC website under the heading ‘Companies and Close Corporations’ here. Below are answers to some of the...

In a media statement issued on 8 January 2024, CIPC emphasised that the identity verification and multifactor authentication for director amendments introduced on 4 December 2023 were rigorously tested, and the...

For companies that applied for registration late last year, the registration number will be for 2023, and the official incorporation date (or registration date) will be 2024. This is because the...